Best Infrastructure Bank: Mexico

Best Infrastructure Bank: Mexico

Corporate & Sovereign Strategy

During its 18-year tenure in Mexico, Santander has structured and executed deals for some of the largest infrastructure projects in the country, and Latin America. The bank’s pivotal role in financing Mexico’s growing gas pipeline network through the Ramones II Norte pipeline is extraordinary, however. The Los Ramones pipelines are expected to extend from the US-Mexico border to central Mexico, delivering fuel that is critical to the country’s industrial and economic growth. With sponsors Pemex and IENova facing a three-month timeline to secure financing, Santander agreed to underwrite the entire $1.275 billion deal for the Ramones II Norte pipeline, a highly unusual and competitive move in

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